Locate2u
“Can a delivery-management SaaS built for SMB fleets become the AI-driven operating system for last-mile logistics?”
Founded2014
HQSydney, Australia (parent: Locate Technologies Limited, Wellington, New Zealand)
FoundersSteve Orenstein
Latest roundPublicly listed on NZX (ticker: LOC)
IndustryVertical SaaS / Logistics
The story
Founded 2014 as Zoom2u, a same-day courier marketplace in Australia. Pivoted in 2019 to a SaaS platform (Locate2u) for logistics operators — route optimization, real-time tracking, proof of delivery, and fleet management. Parent Locate Technologies listed on NZX in 2021. Recent product direction (2026) is AI-native logistics: OpenClaw and AI Agents automate dispatch, customer service, and quoting. Embedded finance is minimal — the platform bills subscription fees via Stripe and passes billing/pay-run data to Xero/QuickBooks rather than acting as a payment facilitator.
Product timeline
2014
Founded as Zoom2u, a same-day delivery marketplace in Australia· pivot
2019
Launched Locate2u SaaS platform for route optimization, tracking, and delivery management· pivot
2021
Parent company Locate Technologies listed on NZX (LOC)· ipo
2026
Launched OpenClaw AI core and AI Agents for dispatch, customer service, and quoting· pivot
The stack
2 layers disclosed in Locate2u’s embedded-finance stack
Payments / PSP
Accounting
in the full report
Accounting gap: none
9 more providers across 1 layer, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.